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Honeywell Announces Intent to Separate Automation and Aerospace, Enabling the Creation of Three Industry-leading Companies
Press Release – February 6, 2025 – CHARLOTTE, N.C., Feb. 6, 2025 /PRNewswire/ — Honeywell (NASDAQ: HON) announced today that its Board of Directors completed the comprehensive business portfolio evaluation launched a year ago by Chairman and CEO Vimal Kapur and intends to pursue a full separation of Automation and Aerospace Technologies. The planned separation, coupled with the previously announced plan to spin Advanced Materials, will result … Continue reading Honeywell Announces Intent to Separate Automation and Aerospace, Enabling the Creation of Three Industry-leading Companies